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PfMP PMI Exam Lab Questions

Page: 17 / 19
Total 495 questions

Portfolio Management Professional (PfMP) Questions and Answers

Question 65

A portfolio manager needs to continuously balance the need and requirements with the available resources to maintain a balanced portfolio and portfolio resources in order to optimize delivery. Capability and Capacity analysis is performed in 4 of the portfolio management processes and it serves a slightly different purpose in each and every one of them. When it relates to developing the charter, and in order to complete the portfolio structure, the capability and capacity analysis is used to

Options:

A.

Measure the internal resource capacity and establish the external resources availability

B.

Measure internal and external resources capabilities and capacities

C.

Measure the internal resource availability and establish the external resources capacity

D.

Measure availability and capability of internal resources and forecast the use of external resources

Question 66

You want to ensure that the Portfolio Review Board is able to make key decisions at each meeting. As the portfolio manager, you and your staff are responsible for scheduling the meetings, providing the agenda, taking minutes, tracking open issues, and documenting and communicating decisions that are made to key stakeholders. Before each meeting, you feel it is a best practice to:

Options:

A.

Evaluate if the benefits of the portfolio are aligned with organizational strategy

B.

Provide information about the status of each component of the portfolio

C.

Use a balanced scorecard approach to show contribution to strategy

D.

Provide a 'traffic light' approach to show components by category

Question 67

You have been assigned as the manager for a major transformation portfolio in your company. You have a new direction in sight and you need to work with the team to attain the end goal and achieve the expected strategy. You have just finalized managing the strategic change and you are expected to present the following documents:

Options:

A.

Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Portfolio update

B.

Portfolio Strategic Plan update, Portfolio Management Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Portfolio update

C.

Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Portfolio Process Assets update, Organizational Process Assets update

D.

Portfolio Strategic Plan update, Portfolio Roadmap update, Portfolio Charter update, Organizational Process Assets update, Portfolio Management Plan update

Question 68

The portfolio manager defines the portfolio based on a listing of already existing work in the organization and selects the right components in order to be able to prioritize them. What do you use for defining the portfolio based on the listing of work?

Options:

A.

Prioritization

B.

Inventory of Work

C.

Portfolio Component Inventory

D.

Elicitation technique

Page: 17 / 19
Total 495 questions